South Orange Rescue Squad Inc

Analysis

South Orange Rescue Squad Inc is a registered charity in United States, based in Carrboro, NC. It received its IRS tax-exemption ruling in January 2005, 21 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, South Orange Rescue Squad Inc reported income of $538k and spending of $375k, leaving 30% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $249k to $538k (+116%), an average of +21% a year. The sharpest change came in the year to June 2023, when income rose by 59%. Over the whole period it spent 88% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, South Orange Rescue Squad Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within NC. Charities of a similar size with the same main cause include Hartley Volunteer Fire Department ($537k), Fire Industry Education and Research Organization Inc ($538k) and The National Organization of Forensic Social Work ($537k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% and program service revenue 31% of the total. At year end it held assets of $680k against liabilities of $14k, net assets of $666k.